Report Update Nov 1, 2024

Belarus - Denatured Ethyl Alcohol and Other Denatured Spirits - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Denatured Ethyl Alcohol Market 2024

Denatured Ethyl Alcohol Market Size in Belarus

In 2021, the Belarusian denatured ethyl alcohol market decreased by -15.5% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption continues to indicate a mild decrease. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Denatured Ethyl Alcohol Production in Belarus

In value terms, denatured ethyl alcohol production contracted dramatically to $X in 2021 estimated in export price. Over the period under review, production showed a perceptible downturn. The pace of growth was the most pronounced in 2020 when the production volume increased by 46%. Denatured ethyl alcohol production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Denatured Ethyl Alcohol Exports

Exports from Belarus

Denatured ethyl alcohol exports from Belarus skyrocketed to X tons in 2021, jumping by 40% on the previous year. Overall, exports enjoyed resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 951% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, denatured ethyl alcohol exports shrank slightly to $X in 2021. In general, exports showed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,923%. As a result, the exports attained the peak of $X, and then shrank slightly in the following year.

Exports by Country

Russia (X tons) was the main destination for denatured ethyl alcohol exports from Belarus, with a 64% share of total exports. Moreover, denatured ethyl alcohol exports to Russia exceeded the volume sent to the second major destination, Latvia (X tons), sixfold. The third position in this ranking was taken by Lithuania (X tons), with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled +44.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+5.7% per year) and Lithuania (-1.5% per year).

In value terms, Russia ($X) emerged as the key foreign market for denatured ethyl alcohol and other denatured spirits exports from Belarus, comprising 43% of total exports. The second position in the ranking was held by Lithuania ($X), with a 14% share of total exports. It was followed by Latvia, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia totaled +27.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (-0.5% per year) and Latvia (-2.7% per year).

Export Prices by Country

In 2021, the average denatured ethyl alcohol export price amounted to $X per ton, declining by -29.2% against the previous year. Overall, the export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 92% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.

Denatured Ethyl Alcohol Imports

Imports into Belarus

In 2021, purchases abroad of denatured ethyl alcohol and other denatured spirits decreased by -23.9% to X tons, falling for the second year in a row after three years of growth. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2014 when imports increased by 97% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, denatured ethyl alcohol imports reduced sharply to $X in 2021. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of 44%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) was the main supplier of denatured ethyl alcohol to Belarus, with a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to -15.9%.

In value terms, Russia ($X) constituted the largest supplier of denatured ethyl alcohol and other denatured spirits to Belarus.

From 2012 to 2021, the average annual growth rate of value from Russia totaled -16.5%.

Import Prices by Country

The average denatured ethyl alcohol import price stood at $X per ton in 2021, with an increase of 2.7% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 47%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -0.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for denatured ethyl alcohol and other denatured spirits in the world?

The countries with the highest volumes of denatured ethyl alcohol consumption in 2020 were China, the United States and Japan, with a combined 29% share of global consumption. India, Russia, Pakistan, Brazil, Canada, the Netherlands, Indonesia, the UK, Mexico and Nigeria lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of denatured ethyl alcohol and other denatured spirits in the world?

The countries with the highest volumes of denatured ethyl alcohol production in 2020 were the United States, China and Japan, with a combined 48% share of global production.

What are the leading suppliers of denatured ethyl alcohol and other denatured spirits to Belarus?

In value terms, Croatia constituted the largest supplier of denatured ethyl alcohol to Belarus, comprising 88% of total imports. The second position in the ranking was occupied by Russia $600), with a 13% share of total imports.

What are the leading importers of denatured ethyl alcohol and other denatured spirits from Belarus?

In value terms, the largest markets for denatured ethyl alcohol exported from Belarus were Italy, Lithuania and Russia, together comprising 85% of total exports.

What is the average export price for denatured ethyl alcohol and other denatured spirits in Belarus?

In 2020, the average denatured ethyl alcohol export price amounted to $312 per ton, surging by 23% against the previous year.

What is the average import price for denatured ethyl alcohol and other denatured spirits in Belarus?

In 2020, the average denatured ethyl alcohol import price amounted to $5,567 per ton, rising by 514% against the previous year.

This report provides an in-depth analysis of the denatured ethyl alcohol market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20147500 - Denatured ethyl alcohol and other denatured spirits, of any strength

Country coverage:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023